Elon Musk – Gloomberg News

U.S. agency probes Tesla crashes that killed 2 motorcyclists

7Aug

By Gloomberg NewsNo Comments

Business

U.S. agency probes Tesla crashes that killed 2 motorcyclists

Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles.The National Highway Traffic Safety Administration sent investigation teams to two crashes last month in which Teslas collided with motorcycles on freeways in the darkness. Both were fatal. The agency suspects that Tesla's partially automated driver-assist system was in use in each. The agency says that once it gathers more information, it may include the crashes in a broader probe of Teslas striking emergency vehicles parked along freeways. NHTSA also is investigating over 750 complaints that Teslas can brake for no reason. Th...

Elon Musk’s politics are dividing consumers

12Jul

By Gloomberg NewsNo Comments

Business

Elon Musk’s politics are dividing consumers

Washington, DC CNN — Jason Simon placed an order for a Tesla Model 3 this April, eager to own an electric vehicle. He heard from Tesla in June that his car was ready, but he backed out of the purchase, losing the $250 order fee he paid. Simon told CNN Business his feelings changed this spring after Tesla CEO Elon Musk struck a deal to buy Twitter. Musk has since backtracked and indicated that he wants out of the deal to purchase the social media company. Simon is one of many electric vehicle buyers who have developed new, stronger feelings about Musk and Tesla in recent weeks. Driving a Tesla has long been a way for consumers to signal values on the environment and sust...

Woman arrested and charged with trespassing at SpaceX facility looking for Elon Musk

7Jun

By Gloomberg NewsNo Comments

Business

Woman arrested and charged with trespassing at SpaceX facility looking for Elon Musk

A woman has been arrested and charged with trespassing after entering a SpaceX facility in Texas, claiming she was an employee and wanted to speak with Elon Musk, police said.Cameron County sheriff's deputies got a call about a trespasser at the SpaceX Stargate facility on Wednesday and the company's security personnel said she was roaming around on the fifth floor of one of the buildings, the sheriff's office said in a statement. She was later identified as Nivea Rose Parker of Pittsburgh, Pennsylvania, who is not an employee of SpaceX. On Wednesday, June 1, 2022, Cameron County Sheriff Deputies responded to the SpaceX Stargate Facility located at 1 Rocket Road, Brownsville, Texas, in reference to a trespasser. pic.twitter.com/H7VUM63NCp— Sheriff Eric Garza (@SheriffGarza) Jun...

Elon Musk says he would allow Donald Trump back on Twitter

11May

By Gloomberg NewsNo Comments

Science

Elon Musk says he would allow Donald Trump back on Twitter

Elon Musk said on Tuesday that he would allow former President Donald Trump back on Twitter if the Tesla CEO follows through with his plan to buy the social media company. Trump was permanently banned from the social media site three days after the January 6 attack on the Capitol because of "the risk of further incitement of violence." In an exclusive interview with the Financial Times at the Future of the Car conference on Tuesday, Musk was asked about Trump's potential return to Twitter. After answering with commentary about when permanent bans should be applied, Musk said that he "would reverse the permanent ban" against Trump, adding, "I don't own Twitter yet so this is not a thing that will definitely happen." Musk noted that Trump has since resorted to using the platform Trut...

10May

By Gloomberg NewsNo Comments

Science

Elon Musk says he would allow Donald Trump back on Twitter

Elon Musk said on Tuesday that he would allow former President Donald Trump back on Twitter if the Tesla CEO follows through with his plan to buy the social media company. Trump was permanently banned from the social media site three days after the January 6 attack on the Capitol because of "the risk of further incitement of violence." In an exclusive interview with the Financial Times at the Future of the Car conference on Tuesday, Musk was asked about Trump's potential return to Twitter. After answering with commentary about when permanent bans should be applied, Musk said that he "would reverse the permanent ban" against Trump, adding, "I don't own Twitter yet so this is not a thing that will definitely happen." Musk noted that Trump has since resorted to using the platform Trut...

Elon Musk offers to buy Twitter in $43 billion takeover bid

4May

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Science

Elon Musk offers to buy Twitter in $43 billion takeover bid

Elon Musk is offering to buy Twitter for $43 billion, saying the social media company "needs to be transformed as a private company."The billionaire and founder of electric car maker Tesla, who earlier this month disclosed he owns a 9.2% stake in Twitter, proposed in a regulatory filing on Thursday to buy all of the company's outstanding common stock for $54.20 per share. "I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy," he said in the filing. "However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form." In a statement, Twitter said it has r...

Elon Musk sells $4 billion in Tesla stock, probably to help finance his Twitter deal

4May

By Gloomberg NewsNo Comments

Business

Elon Musk sells $4 billion in Tesla stock, probably to help finance his Twitter deal

Detroit — Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter.Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices ranging from $872.02 to $999.13. The world's richest man, who is the CEO of Tesla, tweeted that he doesn't plan any further sales of the company's shares. He still owns just over 168 million shares in the electric carmaker, via a trust, Agence France-Presse points out. Most of the sales took place on Tuesday, when Tesla shares closed down 12%, a huge single-day drop. Analysts said Tesla investors fear Musk will be distracted by Twitter and less engaged in running the ele...

After Elon Musk bought Twitter, some stars said they’d leave the platform – and others vowed to come back

3May

By Gloomberg NewsNo Comments

Science

After Elon Musk bought Twitter, some stars said they’d leave the platform – and others vowed to come back

Elon Musk's effort to buy Twitter for $44 million yielded fruit this week, and the Tesla head revealed plans to turn the company into a haven for "free speech." The acquisition from the richest man in the world has been polarizing, with some high-profile figures weighing in. Some stars vowed to leave the platform, believing Musk will lessen the current community guidelines, allowing hateful comments on their feeds. Some people, who have violated the community guidelines in the past, hope for a new opportunity on the app. But some are staying for a different reason. High-profile users who are vowing to leaveActress and activist Jameela Jamil, who has 1 million followers on Twitter, posted shortly after Musk's acquisition of the company this week, saying it would be her last tweet. ...